New RBI policy comes as rupee crashes to all-time lows against the US dollar, with analysts suggesting the move will help reduce pressure on forex reserves
Investors were in downbeat mood at the start of the week with China’s regulators targeting its tech giants again over undisclosed takeovers and mergers
Leaders of the protest movement have said crowds will keep occupying the residences of the president and prime minister in Colombo until they finally leave office
The Indian automaker is also exploring a tie-up with Volkswagen to source EV components such as batteries and motors.
The 30-plus casinos in the city will be closed for a week, but analysts say it's likely the suspension could be extended by weeks, with a gaming recovery unlikely till the end of the third quarter.
The region’s markets saw a pullback in shares after Shinzo Abe’s shooting while fresh Covid outbreaks weighed on China stocks
Traders were in positive mood on Thursday with tech firms encouraged by Samsung’s results and receding fears of recession in the US
Central Bank of Sri Lanka raises its Standing Lending Facility to 15.5% and Standing Deposit Facility Rate to 14.5%, the highest in 21 years
The RBI is bringing in several new measures to help increase its flow of foreign exchange as the Indian currency continues to struggle
Traders across the region were in downbeat mood over slowing growth, surging inflation and impending rate hikes
The company plans to sell bonds to brokerages and lenders to foot the bill of expanding the reach of its rail network from about 40,000 km now to 70,000 km by 2035
The largest NFT marketplace, OpenSea, saw monthly sales volume drop to $700 million in June, down from $2.6 billion in May